工作论文 PAPERS
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Downwind of the Bus Lane: Transit Pollution and Academic Performance
We estimate the effect of air pollution from Bogot´a’s Bus Rapid Transit sys...
Diego A. Martin, Dario A. Romero*, Dario Salcedo
Working Paper | No. 20260503 |
Keywords: air pollution, bus rapid transit, academic performance, human capital
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The Spatial Effects of Labor Mobility Restrictions: Evidence from the Shenzhe...
This paper studies how within-city labor mobility restrictions shape the spat...
Yizhen Gu, Die Hu, Ming Li*
Working Paper | No. 20260502 |
Keywords: Labor mobility restrictions, place-based policies, spatial misallocation, firm location, agglomeration
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Do Corporate Bonds Hedge Geopolitical Risk?
We examine whether corporate bonds react to geopolitical risk by analyzing ho...
Prasad Hegde, Madhu Kalimipalli*, Shushu Liao
Working Paper | No. 20260501 |
Keywords: geopolitical risk, corporate bonds, risk premium, hedging, supply-chain risk, international exposure
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Spatial Misallocation in Education: The Left-Behind and Land Reforms in China
We study how land security shapes family migration and rural-origin children...
Kazushige Matsuda, Karol Mazur*, Chao Shen
Working Paper | No. 20260302 |
Keywords: migration, misallocation, human capital, agriculture, property rights
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Information Design for Social Learning with Patient Agents
Agents arriving sequentially may adopt a new technology. Early adoption revea...
Chen Lyu, Lu Liao
Working Paper | No. 20260301 |
Keywords: information design, Bayesian persuasion, collective experimentation, long-lived agent, bandit problem
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Survival of the Fittest: A Three-Factor Model in the Currency Market
Recent decades have witnessed a rapid growth in proposed risk factors in the ...
Sining Liu, Yan Wang, Lingxiao Zhao*
Working Paper | No. 20260104 |
Keywords: currency markets, asset pricing, factor models, bayesian model comparison, heavytailed returns
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Reserve System with Beneficiary-Share Guarantee
We study allocation problems with reserve systems under minimum beneficiary-s...
Yuan Gao, Xi Jin, Manshu Khanna
Working Paper | No. 20260103 |
Keywords: multi-principle allocation framework, market design, reserve system
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Binocular Directional Forecasting: A Cross-Attention Fusion Approach
We develop a binocular directional forecasting framework that jointly leverag...
Yutao Yuan, Lingxiao Zhao*
Working Paper | No. 20260102 |
Keywords: equity return prediction, image-based learning, cross-attention, portfolio performance
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Complexity Beyond Incentives: The Critical Role of Reporting Language
Many assignment systems require applicants to rank multi-attribute bundles (e...
Rustamdjan Hakimov, Manshu Khanna
Working Paper | No. 20260101 |
Keywords: matching market, random priority, market design, multiple attributes
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Comparative Advantage and Economies of Scale under Uncertainty
We study how regional specialization patterns and welfare are affected by unc...
Xiao Ma, Natalia Ramondo
Working Paper | No. 20251107 |
Keywords: trade, uncertainty, economies of scale, specialization